2012 Hotlist Results – Week 50

Week 50 of 2012

Almost nothing worth noting in what is currently a stand off between american politicians and congress. Fiscal Cliff or no fiscal cliff – these guys really know how to take the issues to the wire. You’d think they might learn something by now – but just as last year, they play it down to the last second. It’s not smart and it’s not helpful. Decisions on the US debt issue along with Tax rises or breaks should have been decided with speed post US elections. Will they ever learn?

The Dow closed down a barely note worthy 20pts at 13135. The FTSE 100 closed up 8pts at 5922.

A virtual portfolio has been set up using the 2011 final trading day close figures as a starting point and £1000 has been invested in each stock. This does not include buying fees or stamp duty and is purely intended to be used as a benchmark or summary for each week. 2 newspaper top tens for 2012 have been included to help monitor/compare against.

Week 50 stock picks summary:

Very quiet out there at present with very little to note on equities. It’s a sluggish end to 2012 in a year that has left many scratching their heads on where exactly the markets should be heading.

The Independent stock picks for 2012 is a bit like the Bradley Wiggins of Sport Personality of the year. Streets ahead and there’s only one winner here. Second spot is by far the most interesting battle and one that could still go either way. The Sharehub’s B-list picks have the advantage but it’s slim and can be overturned very quickly.

The hotlist shows the bruises inflicted by a market that is still out of sorts with the commodity small caps. Exploration success has been minimal in 2012 with Ophir, Providence Resources and Afren being the main leaders.

The last 2 years have been pretty poor on commodities which is a surprise when you account for the rather high energy prices seen today and over the period. Perhaps 2013 could be the year where the market has a new look at these high risk/reward plays?

Current standings / Week 50 Results

1. The Independent 2012 +45.01% (weekly loss of 1.49%)
2. Thesharehub’s ‘B’ List 2012 +9.49% (weekly loss of 0.38%)
3. Tempus Times 2012 +8.40% (weekly loss of 1.00%)
4. Thesharehub’s 2012 Hotlist -11.28% (weekly loss of 1.67%)

Click on Portfolio image to enlargeIndependent Week 50B-list Week 50TempusTimes Week 50Hotlist Week 50